Scaled Cognition raises $100M to build AI that won’t hallucinate
Scaled Cognition raises $100M to build AI that won’t hallucinate

Scaled Cognition has raised $100M led by Khosla Ventures to build AI that does not hallucinate. The startup says its model will not give a wrong answer, a bold claim in a field built on probability. Scaled Cognition, a Mountain View AI lab, has raised …

Hyundai workers vote to strike over robot fears
Hyundai workers vote to strike over robot fears

Hyundai workers have voted overwhelmingly to authorise a strike, and for the first time robots are part of the fight. A Hyundai robot strike would test who controls the factory floor as humanoid machines arrive. South Korea’s largest carmaker is headin…

Your AI coding tools may soon cost more than you
Your AI coding tools may soon cost more than you

By 2028, the AI tools a developer uses could cost more than the developer’s salary, Gartner warns. AI coding costs are climbing fast, and most companies cannot even see what they are spending. The AI coding boom has a bill, and it is growing fast. By 2…

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…

JD.com says robots will replace its 700,000 couriers
JD.com says robots will replace its 700,000 couriers

JD.com robots will eventually replace the company’s 700,000 couriers, its founder says. It is a rare admission that automation is coming for blue-collar jobs. Most tech bosses hedge when asked whether machines will take people’s jobs. Richard Liu just …

Microsoft’s Nadella turns on the AI giants he helped build
Microsoft’s Nadella turns on the AI giants he helped build

In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to build whatever they want. Microsoft’s answer: cheaper models, more control for customers, and a pitch for the public’s trus…

Big Tech spent two years warning AI would take your job. Now its bosses say the opposite.
Big Tech spent two years warning AI would take your job. Now its bosses say the opposite.

For two years, the people building AI told us it was coming for our jobs. This month, the same people started saying it will create them. Speaking in Paris, Jeff Bezos said AI would cause “a labour shortage”, not mass unemployment, and would unlock alm…

Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future
Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future

Isaiah Granet spent three weeks at Y Combinator getting turned down by 180 investors. Their reason was always the same: phone calls would not exist in a year. He has now raised more than $100mn to prove them wrong. His startup, Bland, has closed a $50m…

Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO
Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO

SpaceX has named its first new board member since going public, and the word doing the heavy lifting in the announcement is “independent.” In a filing on June 17, the company said its board had elected Roelof Botha, the former Sequoia Capital steward, …

China’s new five-year plan makes tracking AI’s hit to jobs a national priority
China’s new five-year plan makes tracking AI’s hit to jobs a national priority

China has spent two years telling the world it intends to win the AI race. Its new five-year employment plan is the quieter admission that winning it could cost a lot of people their jobs. The State Council, effectively China’s cabinet, has issued its …